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George Steuart Group
George Steuart Group of Companies (George Steuarts) is Sri Lanka's oldest commerce, mercantile establishment, having been established in 1835 during British Ceylon period, British occupation of Ceylon. It is the oldest surviving mercantile firm in the country, with a recorded history dating back to the early 19th century, and is the first on the register of companies in Sri Lanka Having begun operations as a merchant banker and then a produce broker, George Steuarts today includes businesses engaged in tea, exports, health, leisure, travel, real estate, telecommunications, shipping, insurance, solutions, recruitment and higher education. History The Company traces its origins to Captain James Steuart (1790-1870), a British sea captain, who sailed the southern seas in the early 1800s and settled in Ceylon in 1818. Seeing the commercial potential of the island, Captain Steuart set himself up as merchant and banker. Steuart was subsequently appointed "Master Attendant of the Roads ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services (4 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |